US firms in Korea

POSCO, the world’s seventh-largest steelmaker, said on Tuesday it has shut down a wire rod mill in South Korea as rising exports from China ha...

Membership fees couldn't keep cost-conscious South Korean consumers from rushing to Costco stores to buy big-box items at lower prices, leading the ...

Gaon Cable Co. said on Tuesday it has taken over the US arm of parent company LS Cable & System Ltd. to beef up its business of mid-to-low volta...

South Korea’s logistics companies such as local industry leader CJ Logistics Corp. are expanding their overseas operations to take advantage o...

Glenwood Private Equity on Tuesday signed an agreement to buy three waste management companies from small South Korean business group Bubang for aro...

Samsung Electronics Co. and SK Hynix Inc. are said to each be developing a sixth-generation high-bandwidth memory (HBM4) chip prototype for Tesla In...

Apollo Global Management Inc., a US private equity powerhouse, said on Monday it has opened an office in Seoul to expand its business in the Asia Pa...

MBK Partners, a North Asia-focused private equity firm, has completed the second closing of its sixth buyout fund at $5 billion, on course to reach ...

South Korea's Samsung Bioepis Co., Samsung Biologics Co.'s fully owned biosimilar subsidiary, and the US-based Biogen said on Tuesday the European C...

L’Oréal Group, the world’s largest beauty company, said on Monday it opened its second global SkinCeuticals store at Lotte Depart...

The US magnet wire unit of South Korea’s leading electric power, materials and energy conglomerate LS Group is seeking an initial public offer...

South Korea has designated Korea Zinc Inc.'s precursor manufacturing process as a national core technology and advanced industrial technology, effec...

Samsung Electronics Co. is pinning its hopes on its new research and development complex, which will cost the company 20 trillion won ($14.4 billion...

South Korean drone maker Alux Co. said on Monday its cumulative export contracts with the US and Japan have surpassed 7 billion won ($5 million). Th...

South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...

South Korea’s LG Energy Solution Ltd. said on Monday it has signed an initial agreement to supply cylindrical battery cells to Bear Robotics I...

Korea Zinc Inc. Chair Choi Yun-birm said on Sunday he has a strategy for defending management control of the world’s top zinc and lead smelter...

Lunit Inc., a South Korean AI-powered cancer diagnostics company, has partnered with global biopharma giant AstraZeneca plc. to jointly enter the AI...

South Korea's Samyang Foods Co. said on Monday its Buldak Topokki entered Walmart stores in the US.Available in Original and Carbo (carbonara) fla...

The lackluster South Korean stock market and softening Korean currency have discouraged local companies from raising money at home and pushed some t...

Salesforce Inc., the world’s top customer relationship management (CRM) platform, is grappling with a major service outage affecting more than...

GUMI, North Gyeongsang Province — South Korean defense maker LIG Nex1 Co. aims to export its unmanned surface vessel (USV) under development a...

South Korea’s Naver Corp. said on Friday its group-based social media platform Band reached 6.04 million monthly active users (MAU) in the Uni...

The United States has reinstated South Korea on its foreign-exchange monitoring watchlist, a year after it removed Asia’s No. 4 economy from t...

It began in 1982 as a small community bank for Korean immigrants in Los Angeles, California. Today, Hanmi Bank, under Nasdaq-listed Hanmi Financial ...

Hyundai Motor Co. on Friday named Jose Munoz, its global chief operating officer (COO) and head of North and South American operations, as its new a...

South Korea’s crypto exchanges are enjoying a global boom in virtual currencies, including bitcoin, as US President-elect Donald Trump is expe...

Hyundai Motor Co. 's IONIQ 9 and Kia Corp. 's EV9 GT were selected as America’s Most Anticipated New Vehicles 2025 by Newsweek. This is t...

Kia Corp., South Korea’s second-largest automaker, said on Thursday it signed a memorandum of understanding (MOU) to supply its purpose-built ...

South Korea’s online food delivery market is poised to hit record-high transactions in 2024 as lower fees triggered by Coupang Eats’ fre...